We are live on ! Find out more
TRGP icon

Targa Resources

405 hedge funds and large institutions have $8.9B invested in Targa Resources in 2017 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 163 increasing their positions, 129 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

169% more call options, than puts

Call options by funds: $138M | Put options by funds: $51.3M

26% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 129

12% more funds holding in top 10

Funds holding in top 10: 1719 (+2)

3% more capital invested

Capital invested by funds: $8.62B → $8.9B (+$287M)

1.15% less ownership

Funds ownership: 88.49%87.34% (-1.2%)

4% less funds holding

Funds holding: 422405 (-17)

27% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 49

Holders
405
Holders Change
-17
Holders Change %
-4.03%
% of All Funds
10.1%
Holding in Top 10
19
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+11.76%
% of All Funds
0.47%
New
36
Increased
163
Reduced
129
Closed
49
Calls
$138M
Puts
$51.3M
Net Calls
+$86.6M
Net Calls Change
+$55.7M
Name Holding Trade Value Shares
Change
Change in
Stake
KBC Group
101
KBC Group
Belgium
$7.79M -$1.44M -31,636 -16%
Allianz Asset Management
102
Allianz Asset Management
Germany
$7.48M +$3.3M +72,611 +85%
AllianceBernstein
103
AllianceBernstein
Tennessee
$7.28M +$1.22M +26,856 +21%
Cohen & Steers
104
Cohen & Steers
New York
$7.18M +$213K +4,680 +3%
BCFA
105
BP Capital Fund Advisors
Texas
$7.13M +$572K +12,587 +9%
Citigroup
106
Citigroup
New York
$6.95M +$3.39M +74,484 +103%
Capital Fund Management (CFM)
107
Capital Fund Management (CFM)
France
$6.89M -$15.2M -333,500 -70%
AA
108
ALPS Advisors
Colorado
$6.63M +$1.76M +38,656 +38%
Aviva
109
Aviva
United Kingdom
$6.13M +$56.8K +1,250 +1%
Invesco
110
Invesco
Georgia
$6.09M -$1.39M -30,671 -19%
Bank of Montreal
111
Bank of Montreal
Ontario, Canada
$6.02M -$3.35M -73,704 -37%
LM
112
Luminus Management
Texas
$5.74M +$5.51M +121,300 New
WMSA
113
Weiss Multi-Strategy Advisers
New York
$5.68M -$227K -5,000 -4%
WPEP
114
Walnut Private Equity Partners
Nebraska
$5.52M
Canada Life
115
Canada Life
Manitoba, Canada
$5.42M +$481K +10,576 +10%
GHAM
116
Gilman Hill Asset Management
Connecticut
$5.4M -$14.7K -324 -0.3%
Caisse de Depot et Placement du Quebec (CDPQ)
117
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$5.34M +$650K +14,300 +15%
B
118
Barings
North Carolina
$4.97M
CCM
119
Cadence Capital Management
Massachusetts
$4.96M +$3.24M +71,332 +213%
Envestnet Asset Management
120
Envestnet Asset Management
Illinois
$4.9M -$52.7K -1,160 -1%
EM
121
ELCO Management
New York
$4.88M -$21K -463 -0.4%
AAMU
122
Amundi Asset Management US
Massachusetts
$4.83M +$1.19M +26,098 +34%
AQR Capital Management
123
AQR Capital Management
Connecticut
$4.83M -$2.88M -63,349 -38%
GT
124
Glenmede Trust
Pennsylvania
$4.73M -$51.4K -1,131 -1%
ACI
125
AMP Capital Investors
Australia
$4.57M +$486K +10,700 +12%

TRGP Hedge Fund Activity: Q3 2017 in Review

405 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Targa Resources (TRGP) for Q3 2017, worth a combined $8.9B — up 3.3% from $8.62B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of TRGP and 36 opened new positions — a net loss of 13 holders — while 129 trimmed existing stakes and 163 added.

The largest buyer was Harvest Fund Advisors, adding an estimated $65.7M. The largest seller was Zimmer Partners, cutting an estimated $91.3M.

  • 405 institutional investors held Targa Resources (TRGP) as of Q3 2017, down from 422 in Q2 2017.
  • Funds reported $8.9B of Targa Resources stock for Q3 2017, up 3.3% quarter-over-quarter.
  • 36 funds opened new Targa Resources positions in Q3 2017 and 49 closed out, a net change of -13 holders.
  • The largest Targa Resources buyer in Q3 2017 was Harvest Fund Advisors, an estimated $65.7M added.
  • The largest Targa Resources seller in Q3 2017 was Zimmer Partners, an estimated $91.3M sold.

Based on aggregated 13F filings for Q3 2017.